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Journal entries

Accountancy

answered on 13-Feb-21 16:40

How to know particular account effected in transaction and apply rules?

latest answer

Did you complete the chapter on Journal Entries.

Ganesha P

Ganesha P

CBSE XII

0

1

695

AS 10

Accountancy

answered on 13-Feb-21 16:40

When there is an exchange in the items of PPE with no commercial substance and fair value of both the assets is not ascertainable ,then carrying value of the asset given up shall be reduced by 'amount settle up paid' or 'amount received' ?

latest answer

No. Unless some other asset is received - say cash is received in part.

Kumar Sarthak

Kumar Sarthak

CMA Final

12K+

3

739

Rectification of errors

Accountancy

answered on 17-Feb-21 22:23

What is entry for: An amount of rs 100 was received from D.Das on 31rst December but has been omitted to enter in the cash book

latest answer

Thankyou sir

Harshavardini K B

Harshavardini K B

CA Inter

6K+

5

829

Fire insurance

Accountancy

answered on 11-Feb-21 12:37

Does normal sales include or not include damaged goods ?? Pls state with reason

latest answer

Abnormal items of goods should be excluded while preparing trading account

Reetikaa R

Reetikaa R

CA Final

7K+

6

737

accounting standards

Accountancy

answered on 10-Feb-21 20:51

what are the AS are comes under inter Group 1 and group 2 ?

latest answer

Tq Deepak

Thippeswamy G Lucky boy

Thippeswamy G Lucky boy

CA Inter

4K+

2

771

Calculation of claim incase of loss of profits

Accountancy

answered on 11-Feb-21 12:41

The company incurred additional expenses amounting to ` 9,300 immediately after the fire and but for this expenditure, the turnover during the period of dislocation would have been only ` 55,000 (could u plz explain this)

latest answer

This information is used to carry out additional expense which are allowable at the time of calculation of claim

GOKULA LAKSHMI

GOKULA LAKSHMI

CA Final

21K+

3

741

Dependent, independent and foreign branch chapter

Accountancy

answered on 10-Feb-21 20:51

Sir i have purchased the above stated individual chapter.vedio number 24 time 8.10minutes. why have you not removed or reduced the invoice price which branch returned or sent goods to head office

latest answer

Tq ruchi

youtube movies

youtube movies

CA Inter

110

3

724

Financials Preparation

Accountancy

answered on 07-Feb-21 10:11

Preparing financials of a company , with the help of AS 7 , contracting business , as per GST provision 2 % GST - TDS applicable on reciving payments from Govt .Departments , but the assessee not any documents regarding the same & its not identified from GST returns , how adjust the amount while preparing financials ?

latest answer

Ok

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

7

625

managerial remuneration

Accountancy

answered on 08-Feb-21 10:13

do we need to deduct interest on debentures from gross profit ?

latest answer

yes

Kumar Sarthak

Kumar Sarthak

CMA Final

12K+

1

680

Dissolution

Accountancy

answered on 06-Feb-21 11:34

What's the treatment of Private Estate & liabilities?

latest answer

Will be treated as normal income

Swetha S

Swetha S

CA Inter

15K+

1

710